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Modi Promises Implementation of GST
19 April, 2014 :
Modi Promises Implementation of GST

BJP's prime ministerial candidate Narendra Modi said if his party comes to power, it will take states into confidence before pushing the long delayed GST in indirect tax regime. Mr. Modi also said that "BJP from the very first day is in favour of GST ( Goods and Services Tax). GST is needed. We are in favour of GST. We need to prepare for it in advance," Modi, however, clarified that the GST, which seeks to subsume various levies like excise and service tax, would be implemented after taking into confidence the views of the states.

Mr Modi added that the states are worried that they should not suffer revenue loss after implementation of GST. Centre needs to work in partnership with states. Centre should not differentiate between small and large states. If a law results in loss of state, it won't work. States should be taken into confidence. It was their (UPA government) responsibility, they did not do it, we will do it.

The BJP manifesto too had talked about implementation of the GST by "bringing on board all state governments in adopting the GST, addressing all their concerns." The GST has been pending since long for want of consensus among the states.

Courtesy: Team STO
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